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    Property profile & analytics

    7822 Davenport St Omaha, NE 68114-3629

    • Office buildings
    • 10,458 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    $925,000
    Last Sale
    Sep 01, 2020
    $873,000
    Location Intelligence
    Property ID
    US57-0537402
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Anesthesia West PC / Anesthesiologist
    • Jocelyn L. Knop Dumstorff, CRNA / Doctor
    • Justin L. Abbott, Crna / Doctor

    Property Details for 7822 Davenport St

    Year built
    1985
    Lot size
    0.22 lot acres
    Property size
    10,458 SF
    Property type
    Office buildings
    APN
    2403460502
    APU
    2403460502

    Description

    Wakeley Plaza, located at 7822 Davenport St, Omaha, NE 68114, presents a compelling opportunity for businesses seeking office or medical office space in a prime location. This Class B property, built in 1985 and renovated in 2011, comprises six buildings with two stories each, totaling 30,210 square feet. Currently, 3,760 square feet of space is vacant, divisible into units ranging from a minimum of 682 square feet to a maximum contiguous space of 1,795 square feet. The property sits on a 4.2-acre lot and is zoned for commercial use. Its convenient location, immediately off West Dodge Road and 78th Street (cross streets: N 78th St & Wakeley Plaza), places it within a thriving mixed-use area abundant with office, medical, and retail establishments. The property offers ample parking to the north and south, catering to tenants with significant parking requirements. This versatile space is ideal for a variety of businesses seeking a well-maintained and conveniently located office environment in Omaha, Nebraska. The multiple tenancy structure allows for flexibility in lease terms and space requirements. This is a rare opportunity to secure office space in a well-established and highly accessible location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $880,000

    • CAP approach

      CAP return
      Estimation
      6%
      $985,000
      6.5%
      $880,000
      7%
      $910,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,015,000
      Geo Method
      $1,000,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $915,000
      Retail
      $795,000
      Mixed-Use
      $905,000
      Hospitality
      $845,000
      Educational
      $880,000
      Residential Income
      $1,020,000
      Energy
      $890,000
      Income-Based Land
      $960,000
      Food Service
      $860,000

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -96.0379
    Latitude
    41.2618
    CBSA code
    36540
    CBSA name
    OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $0.00
    $537,200
    $354,300
    $891,500
    -
    $537,200
    $354,300
    $891,500

    Comparable in this City

    • Value Estimation by Request
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      60,000 SF

      8805 Indian Hls Dr

      OFFICE BUILDING • 60,000 SF
      8805 Indian Hls Dr, Omaha, NE 68114-4059
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    • Value Estimation by Request
      69,362 SF

      8990 Dodge Rd

      OFFICE BUILDING • 69,362 SF
      8990 Dodge Rd, Omaha, NE 68114-3329
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    • Value Estimation by Request
      22,232 SF

      10020 Nicholas St

      OFFICE BUILDING • 22,232 SF
      10020 Nicholas St, Omaha, NE 68114-2189
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    • Value Estimation by Request
      117,594 SF

      9394 Dodge Rd

      OFFICE BUILDING • 117,594 SF
      9394 Dodge Rd, Omaha, NE 68114-3345
      View Details
    • Value Estimation by Request
      30,100 SF

      10755 Burt St

      OFFICE BUILDING • 30,100 SF
      10755 Burt St, Omaha, NE 68114-2065
      View Details

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    7822 Davenport St
    Omaha, NE 68114-3629
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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